Business, 28.11.2020 02:30 josuemarquezz27

Suppose your firm operates in a perfectly competitive market and decides to double its output. How does this affect the firm's marginal profit?A) Marginal revenue and marginal cos inerese B) Marginal revenue increases but marginal cost remain the same. C) Marginal cost may change but marginal revenue remains the same D) Marginal revenue and marginal cost decrease

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Suppose your firm operates in a perfectly competitive market and decides to double its output. How d...